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MIN Minoan Group Plc

0.70
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Minoan Investors - MIN

Minoan Investors - MIN

Share Name Share Symbol Market Stock Type
Minoan Group Plc MIN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.70 07:31:23
Open Price Low Price High Price Close Price Previous Close
0.70 0.70 0.70 0.70 0.70
more quote information »
Industry Sector
TRAVEL & LEISURE

Top Investor Posts

Top Posts
Posted at 01/5/2024 09:15 by institutional investments
waterloo011 May '24 - 09:12 - 4640 of 4641
0 0 1
A lot came out at the AGM that gives confidence the revised contract will get done ..

.....

Im sure some investors invested under past contract terms and revisions.

Should be concerning them at least, the fact that the board are so inept, no contract is ever drawn up properly lol
Posted at 01/5/2024 08:41 by pj 1
Results Last year they said ''he Company is now able to move forward with more certainty and we will continue our discussions with the Foundation while focusing on the Project commercialisation''- It hasnt moved forward

In July they said ''George Mergos and I very much look forward to updating Shareholders with progress in the near future ''- They never did and we still await



In November they said ''the Company can report that in recent weeks it has had a number of discussions regarding third parties taking meaningful interests in the Project. These discussions are being actively pursued and, if successful, the Company will make the appropriate announcements in due course.'' Clearly they were not successful

In January they said ''It is important for all external stakeholders as well as shareholders that the Project is commenced as soon as practicable and the Board believes that progressing the Project on this basis will achieve that objective'' and they are still no closer so clearly 'as soon as possible' is not as Investors interpreted.

Th list of failure continues, and still they Believe!!
Posted at 15/3/2024 12:18 by cjb1971
Lukehere, posted on LSE.There is no (Minoan) land, no registerd lease, no footprint, never mind any value; just an ever increasing number of shares.There is however a consistent failure to deliver which can be set alongside an interminable chain of RNS's , mostly falsely claiming that promising developments were imminent.Investors in Minoan have been patently and persistently misled.Why should 2024 prove any different ?Seems like a very clued up investor, saying what many know to be true.
Posted at 14/3/2024 07:22 by ny boy
Lifted off the lse board..seems a fair assessment of matters to date


There is no (Minoan) land, no registerd lease, no footprint, never mind any value; just an ever increasing number of shares.

There is however a consistent failure to deliver which can be set alongside an interminable chain of RNS's , mostly falsely claiming that promising developments were imminent.

Investors in Minoan have been patently and persistently misled.

Why should 2024 prove any different ?
Posted at 13/3/2024 09:50 by mudbath
Last August a RNS advised shareholders that "Minoan is very pleased to have successfully concluded these negotiations and looks forward to introducing a new Board member, once approved at the General Meeting. The Company believes that this addition, amongst others, will considerably strengthen the Board at this crucial time as commercialisation of the Project has now started."

So, at this "crucial time", the said new Board member to be proposed by DAGG is still awaited.

Meanwhile George Mergos on whose arrival shareholders were told that they, "should not underestimate the importance of this appointment (being) a significant milestone for both Minoan and the Project, and is testament to the pace of developments over recent months " has declined to continue.

Surely even the most positive of investors here must feel somewhat uneasy; particularly as the timing coincides with the approaching date for Minoan's accounts to be published.
Posted at 11/3/2024 13:48 by vlad the impaler
People need to realise, AIM and lower is not for investors. Traders only
Posted at 10/3/2024 12:47 by mudbath
Thanks atlantic57.
You posted the following some 12 months ago.

"Regardless, the Foundation discussions do remain ongoing as outlined in the RNS and George went over the last year and what has been agreed, which is pretty much everything, except a final yes and signing. There is a sense that maybe they could be expedited and the message to the BOD was to do so and to that end, a meeting is planned in May with GM, which could well see a final resolution."

The Foundation, as ever, remain a silent party, whilst Professor George Mergos, for personal reasons, has resigned as a Director of Minoan and as Chairman of Loyalward Limited.It is quite possible that the ever extending longevity of the project proposals is starting to resonate negatively with not only investors, but also with the BoD along with the company auditors and loan note holders.

What is the latest date that Minoan can appraise the market of its 2023 results?
I believe that their eventual publication will generate an overdue watershed moment for all concerned.
Posted at 10/2/2024 09:33 by institutional investments
When they took out that loan, did they envisage at time iof notification, being able to pay it back via revenues, or, diluting investors for the loaner to dump it back on investors via converted shares ?

I hadn't time to check
Posted at 19/1/2024 10:57 by daicaprice
“The Greek luxury property market is gaining significant ground attracting investors and ultra high net worth individuals, according to the findings of the annual Luxury Outlook released by Sotheby’s International Realty.

Assessing data collected in 83 markets, the report found that Greece has great potential offering opportunities for buyers. According to Greece Sotheby’s International Realty President and CEO Savvas Savvaidis, all the more international buyers have their sights set on Greek destinations, which he attributes in large part to the political stability and easier access to loans and credit.

“Greece’s luxury real estate market is currently undergoing a transformation, attracting a diverse and international range of buyers,” said Savvaidis. At the moment, investors from Central Europe, Egypt and Australia are expressing interest in real estate, he said. The report goes on to add that Greece’s improved financing options are expected to increase demand. More specifically, demand is growing for smaller sustainable homes, equipped with the latest AI technologies and amenities and decorated with traditional materials such as marble and stone. At the same time, interest in smaller homes will help boost the urban housing market enabling buyers to consider some of the less developed areas of Greece, including island areas.

In the meantime, million-euro investments in luxury hospitality and high-end products are positioning Greece as a leading player in the ultra-luxury tourism market”

DC
Posted at 13/9/2023 17:59 by ny boy
Bye Beast & Iman, contribute nothing and have no answers to the questions many investors have raised over the years about this Company and it’s continued storytelling offering snippets of hope.

Here’s a reasonable question investors have asked here, out of all the sites that could be bought over the years including beach front sites, uncomplicated little problems getting planning, why did MIN choose the most difficult site and poorly located on the Island to create lots of plans over the decades about creating a vast commercial scheme of Hotels, villas, gold course and other leisure uses? Does make you wonder 🤔

peachie you’re getting desperate now


Address your concerns to the management, I will continue to post on here as Yorgi has blocked many other posters from saying anything that he does agree with, so you will be stuck with me.

Sorry to disappoint you peachie (reads all my posts and denies it) I have not suffered any losses with MIN, some years ago I made £600 on a punt but it was pure luck, I banked it. In this climate investors have the right to question and carry out due diligence on many stocks especially AIM plays investors will lose 8 out of 10 holding AIM plays, they will hope the other two over the losses and leave a profit.

This market is not for equities, only a very few selective defensive plays,other than that most investors are parked in fixed income for the foreseeable future, whilst rates stay elevated and for longer.

If you check most U.K. equities (particularly AIM)they have usually sold right off, gone under or hanging on by a thread, others are just treading water.

Please someone explain how an earth are MIN going to securing funding for this project, with very little of money invested? Always interested to know

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